140 Billings Avenue, Alta Vista and Area

$799,900
140 Billings Avenue

$799,900

New
31d
Detached2-Storey

140 Billings Avenue, Alta Vista and Area

Total Monthly Obligation $4,175

HausQ Valuation Report
Beds
3
Baths
2
Park
3
Sqft
1500-2000
DOM
31d
Score
23
Yield
6.2%
Cash on Cash
1.8%
Cap Rate
5.0%
5Y IRR
17.0%
10Y IRR
15.8%
Property Type-Detached
MLS® Number-X13814066
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-66 × 129.81 ft
Listed on site-Sep 22, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,882 (2026)
Parking-3 - None
Basement-Full
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE PERFORMANCE REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Block, Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-3603 - Faircrest Heights
Title-Residential Freehold

No agent assigned

Attention builders, developers, and investors! An exceptional opportunity awaits at 140 Billings Avenue, ideally situated in the highly sought-after Faircrest Heights neighbourhood of Alta Vista. Set on an impressive 66' x 130' lot, this property offers a rare opportunity in an extraordinarily desirable central Ottawa location, within walking distance of the Ottawa Hospital General Campus, CHEO, and close to schools, parks, transit and everyday amenities. The property is zoned N3D under the City of Ottawa's new Zoning By-law 2026-50. Property is being sold "as is, where is" and the seller makes no warranty on permissible future uses of the property. The listing agent has a preliminary site study prepared by "RJH Architecture and Planning" on file. Lot lines shown on aerial photographs are approximate.

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%
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$
$
(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$639,920
Land Transfer Taxes$12,473
Legal Fees (Est.)
$
Total cash required for closing$173,953

Total Monthly Obligation

$4,175/mo
Mortgage $3,227
Monthly Loss $3,326
Principal$849
Interest$2,378
Property Tax$574
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.2%28
Cash-on-Cash
-3.2%4
5-Year IRR
13.2%59
10-Year IRR
13.1%
Returns Index
30.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$49,584/yr
NOI
$33,244/yr
Net Cash Flow
-$456/mo
Cash Margin
-11.0%1
Cash Flow Index
0.5/ 100
Risk Profile
Weight: 20%
DSCR
0.8617
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
23.9/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 140 Billings Avenue

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

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Data last updated within the past 24 hours.